Tag Archives: federal deficit

The Federal Government Is on an Unsustainable Fiscal Path

Growing debt is not just a number—it represents a threat to our economy and our ability to meet national needs and priorities. The federal deficit (the amount of money spent vs. the amount collected) increased for the fourth consecutive year. … Continue reading

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GAO Insights into the Nation’s Finances and the Role of the Debt Limit

Today, U.S. Comptroller General Gene Dodaro delivered testimony to Congress on our nation’s unsustainable long-term fiscal position. He said that the Congress and administration face serious economic, security, and social challenges that will require difficult policy choices in the short … Continue reading

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